Tag: ipo

The top gainer on Hang Seng was China Construction Bank Corp , up 6.07 percent ... At close, China’s A-shares were trading at a premium of 28.36 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was ... ( read original story ...)

“So far, we have received enquiries from over 10 local and overseas firms about setting up a virtual bank in Hong Kong,” said a spokeswoman for the Hong Kong Monetary Authority (HKMA). In addition, the HKMA will publish a revised guideline for the ... ( read original story ...)

Hong Kong’s stock market is likely to open lower on Thursday after a mixed performance on Wall street overnight. The Hang Seng Index futures spot January contract was down 0.12 per cent, or 39 points, to 32,858 in the pre-trade session on Thursday morning. ( read original story ...)

A citywide manhunt for a Hong Kong bank employee was launched by police on Wednesday after he was suspected of stealing HK$1 million (US$127,900) in cash from a safe. At 3pm, police said the 29-year-old man, who worked at the Siu Sai Wan branch of Bank of ... ( read original story ...)

CEO of Hong Kong Exchanges and Clearing Hong Kong is competing against New York and London for what is expected to be the world's largest IPO ever A win for Hong Kong would be a welcomed boost for the city that recently lost its crown as the global IPO ... ( read original story ...)

HONG KONG, Jan 24 (Reuters Breakingviews) - China's answer to Fitbit is tracking another company's big steps. Huami, a maker of wearable devices, just unveiled plans for an initial public offering ahead of a more highly anticipated one by Xiaomi. ( read original story ...)

The Hong Kong stock exchange’s new rules on initial public offerings (IPOs) by biotech companies could lead many in the sector to seriously consider a Hong Kong listing, a top investment manager told Caixin. Zhang Leidi, managing director of China Life ... ( read original story ...)

DUBAI/LONDON — Saudi Arabia has shortlisted New York, London and Hong Kong — singly or in a combination of two or even all three — for the international portion of the listing of national oil company Aramco, two sources with knowledge of the ... ( read original story ...)

Hong Kong-based activist investor, Argyle Street Management Ltd, a hedge fund with $1.2 billion under management, has voiced opposition to the sale, saying it was no longer necessary and that the board should consider an IPO instead. Toshiba shares hit a ... ( read original story ...)

SAN FRANCISCO/HONG KONG, Jan 22 (Reuters) - Chinese conglomerate Dalian Wanda Group has tapped three banks including Citigroup Inc and UBS Group AG to work on a proposed initial public offering for its sports businesses, four people with knowledge of the ... ( read original story ...)

Saudi Arabia has shortlisted New York, London, and Hong Kong for the initial public offering of its oil giant Aramco, with the three exchanges considered either singly or a combination of two of them, or even all three, Reuters reported on Thursday, citing ... ( read original story ...)

Meanwhile, SoftBank has reportedly agreed to invest US$400 million in Ping An Insurance Group's (2318) Ping An Good Doctor, an online medical platform which allows users to consult doctors for diagnosis, ahead of its Hong Kong IPO. Ping An Good Doctor ... ( read original story ...)

The IPO is one of various contingency plans being looked at by ... which with tax write-offs gives it sufficient funds to cover its liabilities. Hong Kong-based activist investor, Argyle Street Management, a hedge fund with $1.2 billion under management ... ( read original story ...)

How I got into HSBC in Hong Kong. And what it’s really like working here. https://news.efinancialcareers.com/hk-en/306057/chinese-banks-hiring-hong-kong-q4-2017/ I started as an analyst at HSBC’s investment bank in Hong Kong in July 2016, having ... ( read original story ...)